DEE Development Engineering gets two contracts worth over Rs 630 crore
New Delhi, June 2: DEE Development Engineers Limited, an engineering company providing customized process piping solutions along with its material subsidiary, today announced that it has secured new domestic orders aggregating to ₹630.56 crore including of GST.
The contracts include a ₹386.83 crore order from Bharat Petroleum Corporation Limited (BPCL) for the manufacturing and supply of piping systems.
The second contract is a ₹243.73 crore including GST order for the manufacturing and supply of critical piping assembly, including the Main Steam package and Hot Reheat system, from a public sector Maharatna EPC conglomerate in the power sector.
While the BPCL order is scheduled for delivery up to February 2028, the power sector order is to be executed over a period ranging from 6 to 15 months from purchase order issuance, depending on the unit.
During the year, the company also secured a long-term reservation agreement with a leading international EPC company for 60% of the HRSG pipe spool fabrication capacity at its Thailand facility.
In FY26, the company reported revenue of ₹1,142 crore, reflecting a 38% year-on-year increase, while its closing order book grew nearly 58% to ₹1,940 crore.
